Cloud Native Software Market, By Component (Platform, Services, Container Management, Orchestration, Others), By Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud), By Organization Size (Large Enterprises, Small and Medium-sized Enterprises, Star

Cloud Native Software Market, By Component (Platform, Services, Container Management, Orchestration, Others), By Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud), By Organization Size (Large Enterprises, Small and Medium-sized Enterprises, Startups), By Vertical (BFSI, Healthcare, Retail & eCommerce, IT & Telecom, Government, Manufacturing, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

The cloud native software market size was estimated at US$ 5.8 Billion in 2023 and is expected to reach US$ 46.88 Billion by 2030, grow at a compound annual growth rate (CAGR) of 34.8% from 2023 to 2030.

Figure 1. Global Cloud Native Software Market Share (%), by Deployment Model, 2023

Cloud native software is a revolutionary approach to developing and deploying applications that takes advantage of cloud computing infrastructure. It enables businesses to build and scale applications faster, more efficiently, and with greater flexibility. The concept of cloud native software is based on the idea of designing applications specifically for cloud environments, taking full advantage of the scalability and resilience that cloud platforms offer.

Cloud native software is built using containerization technologies like Docker and Kubernetes, which allow applications to be packaged and deployed as self-contained units. This approach provides several benefits, including increased efficiency, improved scalability, and easier cross-platform compatibility. With cloud native software, organizations can quickly adapt to changing business needs, streamline their development process, and reduce operational costs.

Market Dynamics:

The global cloud native software market is expected to witness significant growth in the coming years. One of the major drivers of this market is the increasing adoption of cloud computing technologies by organizations of all sizes. The scalability, cost-effectiveness, and flexibility offered by cloud platforms are driving organizations to migrate their applications and infrastructure to the cloud.

Another factor contributing to the growth of the cloud native software market is the rising demand for containerization and microservice architecture. Containerization allows businesses to package their applications, along with all their dependencies, into a single unit that can be deployed anywhere, making it easier to manage and scale applications in the cloud. Microservices architecture, on the other hand, enables organizations to build complex applications by breaking them down into smaller, loosely coupled services that can be developed and deployed independently.

While the cloud native software market presents immense opportunities, there are also some challenges that need to be addressed. One of the key restraints is the complexity of managing and orchestrating containerized environments. Organizations need to invest in skilled resources and tools to effectively manage and deploy containerized applications.

Key Features of the Study:

• This report provides in-depth analysis of the global cloud native software market, including market size and compound annual growth rate (CAGR%) for the forecast period (2023–2030), with 2022 as the base year.
• It highlights potential revenue opportunities across different segments and presents attractive investment proposition matrices for this market.
• The study offers key insights into market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• Key players in the global cloud native software market are profiled based on company highlights, product portfolios, key highlights, financial performance, and strategies.
• The report includes a comprehensive list of key companies, such as Microsoft, IBM, Salesforce, SAP, Adobe, Oracle, VMware, Red Hat, Rancher Labs, Sysdig, Dynatrace, Datadog, Splunk, New Relic, GitLab, CircleCI, CloudBees, Snyk, Twistlock, and Qualys.
• The insights from this report will enable marketers and management authorities to make informed decisions regarding product launches, upgrades, market expansion, and marketing tactics.
• The global cloud native software market report caters to various stakeholders in the industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders will have greater ease in decision-making through the use of various strategy matrices employed in analyzing the global cloud native software market.

Cloud Native Software Market Segmentation:

• Cloud Native Software Market by Component:
• Platform
• Services
• Container Management
• Orchestration
• Others
• Cloud Native Software Market by Deployment Model:
• Public Cloud
• Private Cloud
• Hybrid Cloud
• Cloud Native Software Market by Organization Size:
• Large Enterprises
• Small and Medium-sized Enterprises
• Startups
• Cloud Native Software Market by Vertical:
• BFSI
• Healthcare
• Retail & eCommerce
• IT & Telecom
• Government
• Manufacturing
• Others
• Cloud Native Software Market by Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
• Top companies in Cloud Native Software Market
• Microsoft
• IBM
• Salesforce
• SAP
• Adobe
• Oracle
• VMware
• Red Hat
• Rancher Labs
• Sysdig
• Dynatrace
• DataDog
• Splunk
• New Relic
• GitLab
• CircleCI
• CloudBees
• Snyk
• Twistlock
• Qualys